November 30, 2016 - By Nellie Frank
Tiffany & Co (NYSE:TIF) had its stock rating noted as “Outperform” by analysts at Telsey Advisory Group. Telsey Advisory Group currently has a $93 PT on the $10.08 billion market cap company or 15.38% upside potential. This was shown in an analyst report on Wednesday, 30 November.
Out of 18 analysts covering Tiffany & Co. (NYSE:TIF), 12 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 67% are positive. $110 is the highest target while $66 is the lowest. The $85.45 average target is 6.02% above today’s ($80.6) stock price. Tiffany & Co. has been the topic of 38 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Friday, August 28 by Cowen & Co. The company was initiated on Thursday, September 29 by CLSA. Topeka Capital Markets maintained it with “Buy” rating and $92.0 target price in Tuesday, January 19 report. The rating was downgraded by Zacks to “Buy” on Wednesday, August 26. As per Wednesday, October 7, the company rating was initiated by Citigroup. The firm has “Buy” rating by Mizuho given on Wednesday, July 29. The stock has “Buy” rating given by Topeka Capital Markets on Thursday, August 27. Wells Fargo reinitiated the stock with “Underperform” rating in Thursday, October 22 report. The firm has “Market Perform” rating given on Friday, August 26 by Cowen & Co. Goldman Sachs maintained the stock with “Neutral” rating in Thursday, May 26 report.
The stock increased 3.15% or $2.46 during the last trading session, hitting $80.6. Tiffany & Co. (NYSE:TIF) has risen 9.87% since April 27, 2016 and is uptrending. It has outperformed by 4.64% the S&P500.
Tiffany & Co. is a holding company that operates through its subsidiary companies. The company has a market cap of $10.08 billion. The Company’s principal subsidiary, Tiffany and Company , is a jeweler and specialty retailer. It has a 22.94 P/E ratio. Through its subsidiaries, the Company creates and makes products and operates TIFFANY & CO. retail stores.
According to Zacks Investment Research, “Tiffany & Co. designs, manufactures, and retails fine jewelry as well as other branded merchandise. Its jewelry products include fine and solitaire jewelry; engagement rings and wedding bands; and non-gemstone, sterling silver, gold, and metal jewelry. The company also sells timepieces, leather goods, sterling silverware, china, crystal, stationery, fragrances, and accessories. It operates retail stores in the Americas, Asia-Pacific, Japan, Europe and the United Arab Emirates, and also engages in direct selling through Internet, catalog and business gift operations. Tiffany & Co. is headquartered in New York.”
Tiffany & Co., incorporated on August 16, 1984, is a holding firm that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. Through its subsidiaries, the Company creates and makes products and operates TIFFANY & CO. retail stores around the world, and also sells its products through Internet, catalog, business-to-business and wholesale operations. The Company’s divisions include Americas, Asia-Pacific, Japan, Europe and Other. The Company’s principal merchandise offering is jewelry; it also sells timepieces, leather goods, sterling silverware, china, crystal, stationery, fragrances and accessories.
More news for Tiffany & Co. (NYSE:TIF) were recently published by: Wsj.com, which released: “Trump Effect Dims Flagship Tiffany Store Traffic” on November 29, 2016. Nasdaq.com‘s article titled: “Tiffany & Co. will announce third-quarter earnings November 29” and published on November 26, 2016 is yet another important article.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Nellie Frank